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09:23

UBS successfully executed the first instant tokenization fund transaction using Chainlink DTA technology standard.

PANews, November 4th - According to official news from Chainlink, UBS today announced the successful completion of the world's first end-to-end tokenization fund workflow in a production environment, utilizing Chainlink DTA technology standards. The UBS US Dollar Money Market Investment Fund Token ("uMINT") is a money market investment fund based on Ethereum distributed ledger technology. This time, uMINT successfully completed subscription and redemption requests on-chain for the first time, proving that seamless and automated fund operations can be achieved on-chain, thus improving efficiency and utility gains. In this instant transaction, DigiFT acted as the on-chain fund distributor, successfully requesting and processing the settlement of uMINT shares using the Chainlink DTA standard. This brand new end-to-end tokenization fund workflow covers every stage of the fund lifecycle, including order receipt, execution, settlement, and
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